Business and Economy
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We must engage youths in agribusiness to curb food insecurity – Obasanjo
By Yinka Olawale Lagos, March 26, 2024 Former President, Chief Olusegun Obasanjo, has charged the Federal Government to engage youths…
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Hunger: Dangote spends N15bn on food intervention programme across Nigeria
…Disburses 120,000 bags of rice in Kano …We’ll continue on this path, says Fatima Aliko Dangote President of Dangote…
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U.S. Secretary of Commerce reappoints Nigerian-American, Toyin Umesiri, to Illinois District Export Council
The United States of America (U.S.) Secretary of Commerce, Gina M. Raimondo, has reappointed Nigerian-American, Toyin Umesiri, to the Illinois District…
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Afreximbank’s MANSA Digital Initiative achieves four ISO standards certifications for its Integrated Management Systems
CAIRO, Egypt, March 21, 2024 The Africa Export-Import Bank (Afreximbank’s) (www.Afreximbank.com) MANSA Digital Initiative, a Pan-African due diligence platform, has…
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Nigeria’s insurance guru’s appointment to NCDMB Governing Council, exemplary – UK firm
Olorundare Thomas, member, NCDMB Governing Council By Funmilayo Adeyemi Abuja, March 20, 2024 Dr Alim Abubakre, British-Nigerian founder of TEXEM…
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Afreximbank subsidiary inaugurates Kigali office to address Africa’s $110bn equity financing shortfall
By Okeoghene Akubuike Abuja, March 20, 2024 The African Export–Import Bank (Afreximbank) has unveiled its Fund for Export Development in…
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CBN successfully clears valid FX transactions to eliminate legacy backlog
ABUJA The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, fulfilling…
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Michael Prest’s BONI partners with Afreximbank for solar energy financing, landmark hotel development
BONI secures dual tranche US$11 million financing from Afreximbank to offer sustainable solar solutions for SME’s and a new hotel…
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Abia secures $125m loan approval from Islamic Development Bank – Gov. Otti
By Leonard Okachie Umuahia, March 18, 2024 Gov. Alex Otti of Abia says the Islamic Development Bank(IDB) has approved a…
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JX, Chevron agree on Asia-Pacific CO2 capture, storage projects
San Jose (California), March 19, 2024 JX Nippon Oil & Gas Exploration Corporation and Chevron New Energies, a division of…
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Energy Transition: Kyari joins global energy leaders at CERAWeek 2024
The NNPC Ltd will be at the 2024 CERAWeek Conference scheduled to hold in Houston, United States from 18th to…
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St. Lucia receives $6 Million as Afreximbank makes historic first disbursement from Caribbean Office
The facility will help in the infrastructure rehabilitation of St. Lucia, including 25 schools damaged during tropical storm Bret which…
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Dangote lauds Lagos Govt. on consumer rights advocacy
…says, manufacturers must focus on consumers’ rights. The Group Executive Director, Commercial Operations of Dangote Industries Limited (DIL), Hajia Fatima…
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Undersea cable cut: MainOne restores service to some customers
By Stellamaris Ashinze Lagos, March 16, 2024 MainOne, a Digital Infrastructure Service Provider on Saturday said that it had restored…
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Uzodimma, Oramah meet, explore investment potentials in Imo
Governor Hope Uzodimma of Imo State has met with the President of Africa Export Import ( Afrexim) Bank, Prof Benedict…
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Undersea cable cut: Mainone declares force majeure, explains steps for restoration
By Stellamaris Ashinze Lagos, March 15, 2024 MainOne, a Digital Infrastructure Service Provider, on Friday declared a force majeure, and…
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UTM solicits NCDMB’s equity investment, approvals for Floating LNG Project
UTM Offshore Limited, promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility has requested the Nigerian Content Development and…
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FG’s Executive Order on Oil and Gas will unlock gas investments – NLNG MD
The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Dr. Philip Mshelbila, on Tuesday, expressed optimism regarding…
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NCDMB lauds President Tinubu’s oil sector Executive Orders for reinforcing NOGICD Act, SLA
The Executive Secretary (ES) of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Monday applauded…
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NNPC Ltd solicits EFCC’s support in fight against crude oil theft
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has appealed to the Economic and Financial Crimes Commission (EFCC) to help…
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Heirs Holdings to lead Africa’s digital evolution, launches Heirs Technologies
Lagos, Nigeria – 11/03/2024 Heirs Holdings, a leading African investment company dedicated to improving lives and transforming Africa through strategic…
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Revoke unlawful directive to block Nigerians’ phone lines or face legal action, SERAP tells NCC
Socio-Economic Rights and Accountability Project (SERAP) has urged Dr. Aminu Maida, the Chief Executive Officer of the Nigerian Communications Commission…
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Only the President can reopen borders – Customs boss
By Abbas Bamalli Mai’adua (Katsina State), March 9, 2024 The Comptroller-General of Customs, Mr. Adewale Adeniyi, on Saturday, said that…
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NASCON Allied Industries declares a dividend, and bonus as Profit grows by 151%
Leading food seasoning manufacturer, NASCON Allied Industries has gained more market share even as its profit after tax (PAT) rose…
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CBN reports upsurge in Dollar inflow as remittances quadruple; Foreign investors return
ABUJA The Central Bank of Nigeria (CBN) has reported a significant increase in foreign exchange inflow into the economy in…
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